Acquisition adds pipeline of candidates targeting novel treatments in women’s health

JERSEY CITY, N.J. & TURKU, Finland-Friday 12 November 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Organon (NYSE: OGN), and Forendo Pharma today announced that the companies have entered into a definitive agreement, under which Organon will acquire Forendo, a clinical-stage drug development company focused on novel treatments in women’s health. Forendo is pioneering the science of intracrinology, addressing disease through a novel, tissue-specific approach. Its lead clinical compound is an investigational, potentially first-in-class oral 17β-hydroxysteroid dehydrogenase type 1 (HSD17B1) inhibitor in early clinical development for endometriosis, being evaluated for its potential effect on endometriotic lesions. Endometriosis is a common and chronic condition that affects up to 1 in 10 women of reproductive age, causes abdominal pain and is associated with infertility.

LONDON -Friday 12 November 2021 [ AETOS Wire ]

GCN’s zero-emission vehicles unveiled to coincide with transportation negotiation day at COP26
The fleet includes a heavy hydrogen truck and several other vehicles that are already on the road
GCN vehicles are designed to last for 20 years, significantly longer than other available options
(BUSINESS WIRE)-- Giga Carbon Neutrality (GCN), the clean trucking and technology company, today unveiled a comprehensive range of zero-emission commercial vehicles that it plans to bring to market over the next two years – answering the call from the world’s transportation and logistics operators for a fleet of different options.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211111005555/en/

 GCN will launch 21 different battery-electric and hydrogen fuel-cell powered vehicles by the end of 2023. GCN’s portfolio is con ... Read more »

Hikmet Ersek Announces Retirement at the End of 2021

DENVER-Monday 15 November 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announces the appointment of Devin B. McGranahan as new Chief Executive Officer (CEO). After a comprehensive succession planning process, the Board of Directors has appointed McGranahan to succeed Hikmet Ersek as CEO by year end 2021. McGranahan has also been appointed to the Board of Directors. After 21 years at Western Union, including the past 11 years as CEO, Hikmet Ersek (61) announced his retirement from the role as CEO and Director of Western Union by December 31st, 2021. Ersek will support the transition as a special advisor to the Board of Directors until mid-2022.

Devin B. McGranahan (52) joins Western Union from Fiserv, Inc., a global provider of payments and financial services technology solutions, where he most recently serve ... Read more »

Unlocks Value, Focused & Agile Management, and Enhances Choices for Shareholders

Board Unanimously Approves the Separation Plan as Recommended by the Strategic Review Committee as the Best Path Forward For Toshiba and Its Shareholders Following the Committee’s Evaluation of a Wide Range of Options

First-Ever Spin-Off Scheme For a Japanese Company of This Size

TOKYO-Monday 15 November 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO: 6502) (“Toshiba” or the “Company”) today announced its intention to separate into three standalone companies:

Infrastructure Service Co.1, consisting of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses;
Device Co.2, comprising Toshiba’s Electronic Devices & Storage Solutions business; and
Toshiba, holding its shares in Kioxi ... Read more »

The blockchain company plans to use the funds to expand its suite of products and services, accelerate the onboarding of the world’s largest and emerging game and content publishers

SAN FRANCISCO-Sunday 14 November 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Forte, a leading provider of blockchain solutions for game publishers, announced today that it has secured an additional $725 million in financing, closing its Series B. The Series B was led by Sea Capital and Kora Management with further support and funding from powerhouse game and media publishers including Animoca Brands, Big Bets (Huuuge Games), Overwolf, Playstudios, Warner Music Group, zVentures (Razer), and blockchain partners Cosmos, Polygon Studios, and Solana Ventures, as well as investors including Griffin Gaming Partners, Andreessen Horowitz (a16z), and Tiger Global.

Forte’s platform allows game publishers to easily integrate blockchain technologies into their games, enabling feat ... Read more »

The Arab world’s leading platform for all things publishing has marked a big achievement in its 40th edition by attracting the largest number of publishers and agents with business interests  

Sharjah, United Arab Emirates-Thursday 11 November 2021 [ AETOS Wire ]

The Sharjah International Book Fair (SIBF) has emerged as the world’s largest book fair this year, attracting the participation of 546 publishers and literary agents from 83 countries looking to network, matchmake and do business with each other.

The Sharjah International Book Fair has attained this noteworthy global achievement for the first time in its 40-year history, marking a brand-new departure for the role of Emirati and Arab publishing sectors in the future development of the global publishing industry.

As the industry looks towards boosting efforts for its post-Covid recovery, publishing ecosystem stakeholders from around the world convened at one of SIBF&rsqu ... Read more »